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Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs
The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research. In a […]
Ether price risks losing the $1.6K support as multiple ETH price metrics decline
Ether’s price surged by 31.3% from March 10 to March 18, coinciding with the Federal Reserve’s injection of $300 billion to address the insolvency of Silicon Valley Bank. Since then, Ether’s (ETH) price has consistently maintained a daily […]
Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology
The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since 2019, influenced by evidence pointing to frequent overestimating Bitcoin’s electricity usage. A new report is […]
Coinbase-Incubated Base Suffers Outage, Team Says ‘No Funds Are at Risk’
The Ethereum Layer-2 network Base exhibited some growing pains today, experiencing an outage that lasted half an hour and took another 30 minutes to fully resolve. “We had a delay in block production due in […]
US Accountants Ready To Invest In Blockchain, AI Tools Like ChatGPT
In a recent Intuit survey, accountants in the United States have recognized the impact of technology on their businesses. Nearly half of those surveyed are ready to splash on blockchain and artificial intelligence (AI) solutions […]
Bitcoin may soon rally based on ‘fundamental grounds’: Bernstein
Bernstein analyst says Grayscale ruling was a game changer. Gautam Chhugani expects Bitcoin to materially benefit from it. The world’s largest cryptocurrency is still lingering around $26,000. The recent ruling in favour of Grayscale and […]
Why is XRP price down today?
XRP’s price is down today, akin to declines witnessed elsewhere in the cryptocurrency market. XRP underperforms crypto market XRP’s (XRP) price dropped nearly 1.5% to $0.50 on Sept. 5, underperforming the broader crypto market, which fell about […]
Hall of Flame – Cointelegraph Magazine
“I live in Switzerland. I have guns at home. Anybody who shows up at my home with violent intentions risks being literally shot at,” Heaver warns altcoiners who send her death threats online. Speaking to […]
New Ethereum Testnet “Holesky” Set to Launch in September
With the Goerli testnet set to retire next year, a new Ethereum testing network dubbed “Holesky” will launch next month. Following the Ethereum tradition of naming testnets after train stations, the name Holesky is derived […]
